Though the price has broken the channel, it did not gain momentum and was moving in a narrow range on friday. 22000 is the trend deciding zone. Also price has formed a triple top pattern.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 22060.
Stop Loss : 22010.
Targets : 22100, 22140 and 22180.
Sell below : 21940.
Stop Loss : 21980.
Targets : 21900, 21860 and 21820.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 22060.
Stop Loss : 22010.
Targets : 22100, 22140 and 22180.
Sell below : 21940.
Stop Loss : 21980.
Targets : 21900, 21860 and 21820.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Comment:
Towards 22000.
Comment:
Long.
Trade closed: target reached:
All targets done.